Settings8H · net · $10k
Funding arb · Price arb /

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.028%
Price spread now: OKX against Hyperliquid−0.303%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$600.603% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 days+0.290%+$29 · spread now −0.303%, 7d avg −0.091%
Together, before fees+0.256%+ Points / potential airdropHyperliquid: Season 2 · farm board+$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.212% cheaper against Hyperliquid than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.091%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TIA0.44290.0100pay 0.0013% / 1h19m 24s$4.8M$1.5M5x
ShortOKX TIA-USDT-SWAP0.44160.0100get 0.0050% / 4h19m 24s$2.8M$6.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Hyperliquid. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.303% → −0.091%
−$21.2
Slippage, 4 orders
−$41.3
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$81.5
Costs to cover
0.603%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 2 min ago0.11 bp18.8 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.13 bp17.0 bp −$1746.4 bp −$464doesn't fitdoesn't fit

TIA on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni TIAUSDT−0.0029%1h0.4418−0.257%$50K$230K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4424−0.122%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4424−0.124%$1K150xas long as short
Variational Omni TIA+0.0017%4h0.4418−0.253%$103K$66Kas long as short
Bybit TIAUSDT+0.0059%4h0.4421−0.190%$9.8M$13.5M50xas long as short
KuCoin TIAUSDTM+0.0060%4h0.4422−0.167%$4.3M$9.1M50xas long as short
Lighter TIA+0.0096%1h0.4426−0.070%$156K$419K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4422−0.167%$5K$272K10xas long as short
Hyperliquid TIAlong+0.0100%1h0.4429long leg$4.8M$1.5M5x
Aster TIAUSDT+0.0100%4h0.4420−0.210%$33K$248K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4423−0.144%$14.5M$43.1M75xas long as short
OKX TIA-USDT-SWAPshort+0.0100%4h0.4416−0.303%$2.8M$6.3M50x
Gate TIA_USDT+0.0100%4h0.4425−0.099%$1.0M$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4424−0.122%$11.9M$6.6M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4424−0.122%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4422−0.167%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4420−0.214%$102K$167K10xas long as short
HTX TIA-USDT+0.0100%4h0.4436+0.149%$59K$74K50xas long as short
Extended TIA-USD+0.0104%1h0.4419−0.244%$56K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4422−0.174%$7K3xas long as short
Kraken Futures PF_TIAUSD+0.0164%1h0.4424−0.129%$361K$194K50xas long as short
Reya TIARUSDPERP+0.0180%1h0.4420−0.211%$6K15xas long as short
Injective TIA/USDC PERP+0.0237%1h0.4431+0.036%$26K$10K12xas long as short
dYdX TIA-USD+0.0313%1h0.4423−0.142%$53K$19910xas long as short
BloFin TIA-USDT+0.0340%4h0.4424−0.122%$1.6M$747K75xas long as short
Coinbase International TIA-PERP-INTX+0.0384%1h0.4452+0.510%$52K$77K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0496% / S −0.1196%1h0.4423−0.142%$40K100xas long as short